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FINANCIAL NEWS
Saudi diesel genet market to grow by 2.9pct
10 Nov 2016
(MENAFN) The market for diesel genets in Saudi Arabia is predicted to reach 2.9 percent growth amid 2016-2021 due to rising demand for elect from many sectors.
The market was dominated by northern and central region, as both the region cumulatively accounted for highest volume shares in 2015.
Moreover, the kingdom diesel genets market increased at a moderate pace amid 2011-2015, owing to growing construction activities.
However, KSA faced economic slowdown amid 2014-2015, on account of fall in global crude oil prices.
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